Facebook addiction is unbelievable. Alot of people would drop dead if they can’t access Facebook for a day. All of these addiction have been so high up probably because the service is free. Now, some months ago we were greeted with the information that Facebook was going public, being a public company is very much different from being a private company as it were, it must answer to shareholders and that means that Facebook must find a way to up its revenue.
Facebook advertisement hasn’t really been invasive as Internet giant Google still has that section locked down. Facebook would have to been more aggressive to meet the demand performance of investors. It surely needs a new stream of revenue and charges for the service have always floated on the table, Foad Fadaghi of Telsyte, an Australian technology research firm, gave an insight into premium accounts on news.com.au and I think it is really ridiculous and a non-brainier for a social network to implement such system because the whole concept of the social network itself prevents such an arrangement from ever being effective, but can Facebook succeed where other have failed?
Okay, I was just thinking, if Facebook decides to charge, what would they be charging for? to connect with friends? or to join groups? Unlike Facebook, Match.com receives payment from users to connect them with the love of their life and I think that is reasonable, because it something you might not be able to do all by your self. How about paying for privacy as many other analyst have highlighted? Facebook collects personal information from users which it what the system uses to make connections and overall sums up the core and social aspect of the network.
Assuming that Facebook says; “alright we know you guys like your privacy so much and if don’t want your account information to be disclosed, you re gona pay.” I will just laugh and you know the quick way to solve that? account deactivation. I mean, it is my personal details and not Facebook’s, without my information Facebook can’t click. To be fair I think that Foad Fadaghi made alot of sense when he said “The challenge is companies such Google+ will provide similar services, but are likely not to charge because they are less powerful in the social networking space. At least he saw the effect of a charged system.”
I think when this idea finally becomes a reality, it needs to be shut down by Internet masses, they must be made known that it this is our information, and we are under no obligation to continue to allow them to profit from it. Ed Oswald of betanews.com showed his frustration with an ending quote in one of his articles. “I can live without social networking, I did for many years and can do it again. If this is the next big thing in the industry, you can count me out.” And you know what, I go with him. What do you think?